LogicMark, Inc. Files S-1 Registration Statement

TL;DR

<b>LogicMark, Inc. has filed an S-1 registration statement, signaling a potential public offering or significant corporate event.</b>

AI Summary

LogicMark, Inc. (LGMK) filed a IPO Registration (S-1) with the SEC on May 6, 2024. LogicMark, Inc. has filed an S-1 registration statement with the SEC. The filing was made on May 6, 2024. The company's principal executive offices are located at 2801 Diode Lane, Louisville, KY 40299. LogicMark, Inc. was formerly known as Nxt-ID, Inc., with a name change effective January 11, 2013. The company is incorporated in Nevada and operates in the Orthopedic, Prosthetic & Surgical Appliances & Supplies industry.

Why It Matters

For investors and stakeholders tracking LogicMark, Inc., this filing contains several important signals. The S-1 filing indicates LogicMark is preparing for a public offering or other significant capital raising event, which could impact its financial structure and shareholder base. As a smaller reporting company and non-accelerated filer, LogicMark's filing may provide insights into the strategies and challenges of smaller entities navigating public markets.

Risk Assessment

Risk Level: low — LogicMark, Inc. shows low risk based on this filing. The risk is currently low as this is a registration statement filing, not an event with immediate financial implications. Specific risks will be detailed within the S-1 document itself.

Analyst Insight

Monitor the S-1 filing for details on the proposed offering, use of proceeds, and updated financial information to assess potential investment opportunities or risks.

Key Numbers

• 2024-05-06 — Filing Date (Date the S-1 registration statement was filed)
• 333- — Registration Number (SEC registration number for the filing)
• 46-0678374 — IRS Employer Identification Number (LogicMark's IRS EIN)
• 2013-01-11 — Name Change Date (Date LogicMark changed its name from Nxt-ID, Inc.)

Key Players & Entities

• LogicMark, Inc. (company) — Registrant
• 20240506 (date) — Filing date
• S-1 (form) — Registration statement form type
• Nevada (jurisdiction) — State of incorporation
• Louisville, KY (location) — Principal executive offices
• Nxt-ID, Inc. (company) — Former company name
• Chia-Lin Simmons (person) — Chief Executive Officer
• David E. Danovitch (person) — Agent for service

FAQ

Industry Context

LogicMark, Inc. operates in the Orthopedic, Prosthetic & Surgical Appliances & Supplies industry, a sector focused on medical devices and healthcare solutions.

Regulatory Implications

The filing is an S-1 registration statement under the Securities Act of 1933, which is a standard requirement for companies planning to offer securities to the public.

What Investors Should Do

1. Review the full S-1 document for detailed risk factors and business descriptions.
2. Track future SEC filings from LogicMark for updates on their offering or business developments.
3. Analyze the company's industry and competitive landscape within the medical device sector.

Year-Over-Year Comparison

This is a new S-1 filing, so no prior filing data is available for comparison in this context.

Key Financial Figures

• $0.0001 — of one share of common stock, par value $0.0001 per share (the &ldquo;Common Stock&rdqu
• $0.8302 — mmon Stock on Nasdaq on May 3, 2024 was $0.8302 per share. There is no established tra
• $5 m — on with this offering equals or exceeds $5 million, we have agreed to issue to the p

Filing Documents

• ea0205198-s1_logic.htm (S-1) — 561KB
• ea020519801ex23-1_logic.htm (EX-23.1) — 2KB
• ea020519801ex-fee_logic.htm (EX-FILING FEES) — 59KB
• image_001.jpg (GRAPHIC) — 9KB
• 0001213900-24-039919.txt (&nbsp;) — 636KB

Dilution

Dilution 16 Security 17 Description of Securities That We Are Offering 21 Material U.S. Federal Income Tax Consequences to Holders of Common Stock, Pre-Funded Warrants and Warrants 26 Plan of Distribution 34 Legal Matters 40 Experts 40 Where You Can Find More Information 40 Incorporation by Reference 41 i ABOUT THIS PROSPECTUS The registration statement on Form S-1 of which this prospectus forms a part and that we have filed with the SEC, includes exhibits that provide more detail of the matters discussed in this prospectus. You should read this prospectus and the related exhibits filed with the SEC, together with the additional information described under the heading &ldquo;Where You Can Find More Information.&rdquo; You should rely only on the information contained in this prospectus and the related exhibits, any prospectus supplement or amendment thereto and the documents incorporated by reference, or to which we have referred you, before making your investment decision. Neither we, nor any placement agent or financial advisor engaged by us in connection with this offering, have authorized anyone to provide you with additional information or information different from that contained in this prospectus. Neither we nor the placement agents or financial advisors engaged by us take any responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. Neither the delivery of this prospectus nor the sale of the Securities means that the information contained in this prospectus is correct after the date of this prospectus. You should not assume that the information contained in this prospectus, any prospectus supplement or amendments thereto, as well as information we have previously filed with the SEC, is accurate as of any date other than the date on the front cover of the applicable document. Our business, financial condition,

View Full Filing

View this S-1 filing on SEC EDGAR